Canadian RTA furniture maker to build N.C. factory
DELTA, British Columbia – Ready-to-assemble furniture producer Prepac Manufacturing will receive some state and local government funding as it builds a new 260,000 square foot factory in Whitsett, North Carolina.
In a statement, Roy Cooper, governor of North Carolina, said the e-commerce specialist will use the new facility to service the east coast of North America with an investment of about US$27 million that will create some 200 jobs.
“Even in a pandemic, North Carolina continues to grow jobs with companies like Prepac because of our great workforce, strategic location and reliable transportation,” he said in making the announcement.
Headquartered here, Prepac is believed to be one of the largest producers of RTA furniture in North America, supplying major online retailers such as Wayfair, Cymax, Walmart and Home Depot.
Cooper said with a specialization in e-commerce and direct-to-consumer distribution methods, the company’s just-in-time manufacturing processes and state-of-the-art equipment help it produce a wide range of products for all areas of the home including bedroom, home office, living and dining room, utility storage and garage products. “The company’s new facility in North Carolina will help the company expand its markets and expedite shipments to consumers located along the entire eastern seaboard,” he noted.
“When we started evaluating potential locations for our new east coast factory there were several good options for us to consider,” Prepac president Jim Mathison said. “Ultimately, we chose North Carolina and specifically Guilford County due to several key factors including the availability of a highly skilled workforce, easy access to major markets, and compelling state and county resources to help ensure that this project is successful given these uncertain times.”
Although wages will vary depending on position, the annual payroll from the new jobs mean the state and local economy will see a positive impact of more than $9 million each year.
"North Carolina is the leading manufacturing state in the southeast United States, with nearly 20 percent of our economic output coming from this important sector,” said North Carolina Commerce Secretary Anthony M. Copeland. “It’s good to see innovative companies like Prepac Manufacturing choose our state for the next stage of their growth.”
The North Carolina Commerce Department said Prepac’s new facility will grow the local economy by some US$376 million over the next 12 years, qualifying the company for about US$2.3 million in local government incentives, which are tied to job creation and new tax revenues.
Prepac is scheduled to exhibit at the upcoming summer edition of the Las Vegas Market, that is scheduled to begin its five-day run on 30 August. Their showroom is in space 705, Building B of the World Market Center.
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